Jiayi Li

We're glad to announce the audit completion for @Lnd_fi 🔒

LNDfi is an interconnected non-custodial lending and borrowing protocol, enhancing secure and efficient financial solutions. 🚀

Wishing the LNDfi team great success as they empower users with seamless experiences!

Delighted to announce the successful audit completion for @zerobasezk, ensuring robust security for all ZEROBASE users. 🔒

ZEROBASE is the fastest, lowest-cost proof acceleration network with TEE privacy protection. 🚀

What made me buy XRP ----- The rise of XRP was predicted 8 months ago.

The 'forgotten' XRP is experiencing a myth — a surge! 🆙🆙

Recently, the price of XRP skyrocketed, soaring from a low of $0.48 a month ago to a high of $2.49, a fivefold increase. I placed an order below $1.9 yesterday, thinking I would have a chance for a pullback to get in, only to wake up and find it had risen by over 30%! Moreover, its trading volume on Binance has surpassed BTC.

Here are some possible non-mystical reasons for the rise of XRP:

1. Favorable progress in the SEC lawsuit: The court ruled that XRP does not constitute a security in certain transactions, greatly boosting market confidence.
2. Potential regulatory support: New York state regulators may approve Ripple Labs' new stablecoin RLUSD.
3. Technical and infrastructure upgrades: Ripple's ongoing technical improvements, including optimizations of the XRPL (Ripple Ledger), and potential involvement of U.S. institutions.
4. Market recovery: The overall cryptocurrency market has improved, creating potential space for growth.

In the past 24 hours, among the top five exchanges for XRP spot trading volume, two are Korean exchanges (Upbit and Bithumb)!

🧐 This suddenly reminds me of a prophetic video I dismissed as nonsense, which directly predicted the surge of XRP! This prophet (remote viewer) in an 8-month-old video not only predicted XRP but also several miraculous predictions, most of which have come true, especially his accurate prediction of the details of Trump's assassination and future financial forecasts.

Today, I will elaborate on this.

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😱 8 months ago, this person predicted everything!

The video was recorded in April during a live broadcast, where three prophets made predictions based on a solar eclipse in the U.S. One of them, a pastor named Brandon Biggs, became an internet sensation for accurately predicting the details of Trump's assassination. Now, I will summarize his predictions related to the U.S. elections from the video.

We're excited to announce the audit completion for @EthStorage 🔒

EthStorage is a modular and decentralized storage Layer 2 that offers programmable key-value storage powered by DA.

At Salus, we secure innovation 🚀

We're delighted to announce the audit completion for @wabaorg, strengthening their platform's security🔒

WABA is a blockchain network that serves as the infrastructure for the energy industry. 🚀

We’ve completed multiple rounds of audits for our frens @bigaarcade 🚀

It is an eloquent model of simplicity, all functions execute as proposed and funds in their cashier system are SAFU! 🔒

We're glad to announce the audit completion for @tadle_com 🔒

Tadle is building a cutting-edge pre-market infrastructure to enhance and unlock liquidity for pre-market assets, bridging the gap between primary and secondary markets. 🚀

🧐 Why does Solv stand out in the Bitcoin staking track? What is the level of 23,500 BTC?

As an investor who is optimistic about Bitcoin and related tracks for a long time, I have invested in multiple BTC track projects, such as Babylon, Bouncebit, Yala, Lorenzo and Solv, etc. In particular, Solv recently released a major update and launched SAL (Staking Abstraction Layer), which has a good growth momentum in both operations and community support.

Currently, 23,500 BTC have been staked on Solv, which exceeds most mining companies and is second only to MicroStrategy and Tesla. It has successfully become a key link in the Bitcoin ecosystem through four years of no safety accidents and more than 10 billion US dollars of asset management experience. So, today I will briefly talk about Solv.

Note: Geekcartel has invested in Solv, so this article is purely from a personal perspective and cannot be completely objective, but I hope it can bring some valuable references to everyone.

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🛡️ Bitcoin is following the path of DeFi Summer, and Solv can be simply understood as a Bitcoin asset "income machine gun pool"

In addition to the confidence that is more precious than gold, the old chain Degen who has experienced the initial wave of DeFi Summer must be familiar with the "chain machine gun pool" of yearn.fi.

In my opinion, for the Bitcoin ecosystem, Solv plays the role of this "machine gun pool". Everyone can feel that whether it is traditional packaged Bitcoin such as BTCB and WBTC, or new Bitcoin asset attempts such as FBTC and M-BTC, it does release Bitcoin's liquidity into the chain scenario, but it also makes the problem of Bitcoin liquidity fragmentation more and more serious.

Especially for users who have difficulty making choices, if they want to earn stable and higher returns, they need a lot of xxBTC in their wallets. Therefore, Solv, a full-chain income and liquidity protocol with a multi-chain and multi-asset strategy, is actually equivalent to a "income aggregator" for Bitcoin assets:

No matter what BTCB, FBTC, MBTC, xx BTC...different BTC assets on different chains can be minted into SolvBTC, simplifying everyone's asset management experience.

Of course, this is also equivalent to integrating the liquidity opportunities of different Bitcoin assets. A SolvBTC goes all over the chain to form a unified asset pool, bringing more diversified income opportunities to holders.

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😳CZ is not that "smart"

A basic principle for smart people is to avoid risks and weaken problems as much as possible when encountering things. But CZ often makes seemingly "stupid" choices.

In the early days, Binance encountered hacker incidents like other exchanges. In that incident, hackers stole 7,000 BTC - for Binance, which has just become a market leader, this is definitely not a small amount.

Most exchanges will choose to deal with the incident through media sinking, try to cover up the problem, avoid the spread of panic, and maintain market confidence. After all, once user trust is lost, market share will be lost significantly.

However, CZ's choice is completely different. He did something that was both "stupid" and extremely brave: he immediately held an open online AMA, made the whole incident transparent, disclosed the ins and outs of the incident to users, and promised that Binance would bear all losses and users would not be harmed. He just turned on the camera and faced the sharp criticism of all users.

Not only that, CZ also took advantage of this crisis to establish the SAFU fund, which is specifically used to protect the safety of user funds and prevent similar incidents from happening again. This not only resolved the immediate crisis, but also laid a more solid foundation of trust for Binance.

Of course, CZ was also sanctioned by the United States because of the unclear early supervision and the failure of major exchanges to strictly implement KYC during the period of trial and error. However, as the United States stated when suing CZ, Binance did not manipulate the market or misappropriate user assets. This is a leader who stood out in the crisis and chose to face it bravely instead of avoiding it.

After that day, the industry had the term SAFU.

After that day, when exchanges and project parties had problems with user assets, they stood up and said that they would compensate, which became the public relations template of the industry.

CZ did not use a "smart" way to avoid risks. His choice was to build trust, transparency and responsibility in the long run. Facts have proved that this "stupid" choice is what really made Binance and CZ himself.

🙀 Off topic. As far as I know, CZ did not even get angry with the technical department. After working overtime with the technical department all night, he asked the technical department to provide a review document on how to avoid similar incidents from happening again.

If it were you, what would you do?

🌟 Why are people willing to hire those who come from Binance?

Some say that those who leave Binance become nothing without the platform's resources.

But there are also those who wonder why people from Binance are so versatile and top performers.
Binance has a mature training system that encourages employees to grow in different positions. Outstanding talents are often assigned to different roles, allowing them to engage with and learn about various businesses, and learn from different leaders.

During my 3 years at Binance, I have served as the CEO of a media company under Binance, Head of Events organizing hundreds of events ranging from 100 to thousands of people for Blockchain Week, responsible for Business Development in the Marketing department, and worked on the Fiat Gateway token issuance channel, among others.

It is very normal to switch between 4 business lines in two years at Binance.

At Binance, everyone knows how to fight, and they also know how to win the battle.

Once a Binance person, proud to be a Binance person for life.♥️

😱I rejected CZ, Binance people rejecting CZ is a common occurrence

If you seek CZ for investment or to list your project, what reply will you receive?

Those who know me understand that Jiayi is very stubborn. This also aligns well with the style of the top sister group at that time😝

Remember, in January 2019, during Binance's first Blockchain Week in Singapore, I was in charge.

At that time, it was a terrifying bear market like never before, and every week there were projects that were supposed to sponsor our Blockchain Week going bankrupt. However, Binance's Blockchain Week was exceptionally popular, and our early bird tickets sold out quickly.

CZ sent me a message asking if he could get free tickets for his two friends. I replied to the boss: “There are no free tickets left, please have them purchase on their own.” (I don't even know what gave me the audacity)

He has never exerted any undue pressure on the business heads through his 'privilege' as the boss of the company.

Do you want to seek investment from CZ? CZ will directly forward the information to the investment head. Binance Labs investors have shot down CZ's 'recommendations' more than once or twice.

Do you want to seek a listing with CZ? CZ will directly tell you he is not responsible. Then he will let the listing person make an independent judgment.

CZ respects the heads of each business unit. Of course, if he thinks you are not qualified, he has the right to dismiss you🧐

Oh, the top sister @Yi He finally 'got her revenge'😜

At the 2022 Binance Blockchain Week, I asked the top sister if she could give me a free ticket?

He Yi sent me a ticket purchase link and said: "You buy it, and after purchasing, I can personally transfer the money to you. But now there are no free tickets left. If I use my privilege to get you one, how would other Binance employees react?"

I was once again taught a lesson.

Now, unknowingly, I have been away from Binance for more than 3 years! However, when I encounter problems in my company's decision-making, I often think: What would CZ do?
@CZ

💸CZ: What money should be earned and what money should not be earned

In a small team dinner in 2019, we talked about how to make money in the crypto industry. At that time, I looked at those who became rich quickly through means like cutting韭菜 (scamming) and accepting bribes, feeling both disdainful and a bit envious.

CZ glanced at me and said, 'In the short term, those with a low bottom line can indeed make money. But in the long run, those who understand what money should not be earned can go further and earn more in the future.' This statement has always influenced me and has helped me maintain my bottom line in the Web3 industry. This industry is full of temptations, but one must remember their social values and not waver in principles for short-term gains. 📷💪

💥How CZ Handles Conflicts of Interest

Binance has a strict rule: Employees must hold tokens for at least 90 days after purchase before trading. Violators will be fired, no exceptions. 🚀

During an internal staff meeting, CZ said, 'If you think you are good at trading coins, then go trade coins full-time. If you want to use your abilities to make money and change this industry, then focus on your work. We are exchange staff, and it is unfair to compete with users for profits.'
Protecting users' interests is definitely not an excuse that CZ and He Yi use to package themselves and Binance.

CZ always prioritizes the protection of user interests between employees and users at Binance.
However, when CZ's own interests conflict with Binance's interests, CZ chooses to sacrifice his own interests.
That's how he operates. He actively went to the United States, which I could never do. 🤡